
S. Korea's LG Chem to decide on acquiring Nissan factory in Spain within September
Sep 21, 2020 23:10 pm UTC| Business
LG Chem will decide within the month if it will take over Nissans factory in Barcelona and turn it into a battery plant. Since LG Chem is expected to employ 1,500 in the plant, the deal would allow all Nissan factory...

SK Telecom expands into DNA testing
Sep 21, 2020 18:42 pm UTC| Business
SK Telecom Co. has released a mobile app-based DNA testing service dubbed care8 DNA in partnership with its joint venture Invites Healthcare Co. and bio firm Macrogen Inc. The subscription-based setting allows users to...

Samsung drops from 1st to 3rd spot in Indonesian smartphone market
Sep 21, 2020 12:31 pm UTC| Business
Samsung Electronics Co. dropped to the third spot in the Indonesian smartphone market in the second quarter after posting 19.6 percent market share, down from 27 percent last year when it was number one. Chinas Vivo...

Shell to allocate savings on oil and gas biz to renewable energy
Sep 21, 2020 09:35 am UTC| Business
Royal Dutch Shell will allocate the over $4 billion it could save by cutting 30 to 40 percent off the cost of its oil and gas production on renewable energy and power markets. Shells cost-cutting review, dubbed Project...
Social Entrepreneur Gregory Casagrande Looks at How to Build a Microfinance Institution
Sep 21, 2020 05:30 am UTC| Business
People in some of the worlds poorest countries are trapped in a vicious cycle, they have no opportunity for meaningful employment, and they have no ability to access capital to start a small income-generating business. If...

How the decline in Chinese tourists around the world has hit the luxury sector
Sep 20, 2020 06:08 am UTC| Business
Large groups of Chinese visitors have become a pillar of the global tourism industry. Coronavirus has not only put paid to this enormous source of income for major cities and sights around the world, it is having a massive...

China vows countermeasures against US 'bullying' of TikTok, WeChat
Sep 19, 2020 23:30 pm UTC| Business
China accused the US of bullying and threatened to take unspecified countermeasures after a US Department of Commerce order shutting down WeChat in the US while banning TikTok from the countrys app stores beginning...